The site contains two finished Quadplex properties. One sold in 2023 for $1,400,000 or $350,000 per unit 17 lots remain for development, one quad per lot (68 units).
The development is in the affluent Remington Park neighborhood in Tyler, Texas where the average price of a home in the last two years was $515,000. The schools are among the most desirable in the Tyler market.
The City of Tyler has stated that it would explore tax abatements to aid in the development of the lots. All lots are builder-ready with all entitlements in place. Architectural and engineering plans have been completed, Centennial Trail is partially completed, and water and sewer connections are ready for use.
Property Type :
Land
Subdivision :
Blk: 4 Lot: 2 Addn: Van West
County :
Smith
Style :
Land
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ByOwner last updated this listing 05/08/2024 @ 06:39
MLS: 437568256
LISTED BY: Sean Scott, GSFREA LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
